After reporting a $26.7 million loss in the second quarter and its third straight quarter of double-digit sales declines, Abercrombie & Fitch Co. said it is working to enliven its fashion mix and lower prices.
The New Albany, Ohio-based company has sought to protect its brand and avoid promotions even as consumers opted for less-expensive fashions, but chairman and chief executive officer Michael Jeffries said the teen retailer is beginning to adjust its strategy.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)